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Computer Vision and Visual Search: Transforming Retail Operations and the Shopping Experience

The retail industry has seen the rapid adoption of computer vision over the last few years. This transformative technology is enabling greater operational efficiency for retailers and is providing shoppers with new ways to explore products and interact with retailers and brands. Walmart is leading legacy retailers in the R&D of computer vision, while collaboration with emerging technology providers is a key adoption strategy for many retailers.

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How Computer Vision Can Save Retailers from Costly In-Store Execution Issues

Retailers face a complex business environment in which strong in-store execution is key to delivering a consistent, high-quality shopping experience—which requires exceptional store operations management. Poor in-store execution can easily lead to issues such as infrequent stock replenishment, misplaced SKUs and non-compliance with planograms, prices and promotions.

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Tencent’s Smart Retail Strategy

Chinese Internet giant Tencent is focusing on the business-to-business space through its “Smart Retail” concept—the company’s answer to Alibaba’s New Retail. Tencent’s Smart Retail ecosystem has a number of components that facilitate the integration of online and offline commerce, including the leveraging of WeChat mini programs, investment in JD.com and the exploitation of the company’s strength in gaming and digital entertainment.

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Insights into Belgrade’s Innovation Ecosystem

We discuss the nature and impact of the emerging technology innovation ecosystem of Belgrade in Serbia, which is evolving as a solid community of innovative companies and as a regional hub for the Balkans and Southeast Europe. The Coresight Research team visited Belgrade to talk with notable accelerators and startups, including one that applies blockchain technology in the food supply chain and another that helps retailers with staff training.

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Supply Chain Briefing: Four Ways Companies Are Simplifying Their Supply Chains

Supply Chain Briefing: Four Ways Companies Are Using to Approach Supply Chain Simplification
Supply chains are becoming increasingly complex, prompting global retailers to look for ways to simplify processes to speed operations and cut costs. Companies are streamlining supply chains by consolidating vendors, unifying data systems and streamlining distribution channels by selling directly to consumers.

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Ulta Beauty vs. Sephora: Assessing Loyalty Reward Programs and the Buying Behaviors of Beauty Shoppers

We discuss the success of two dominant US retail chains, Ulta Beauty and Sephora, with a focus on the nature and impact of each retailer’s loyalty program as well as their employment of artificial intelligence and data analytics to drive customer engagement. We also compare the shopping behaviors of Ulta’s and Sephora’s customers using survey data.

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